Madison Capital Group Raises $14M for Asheville Luxury Multifamily DST

Event summary

  • Madison Capital Group launched a $14M Delaware statutory trust offering for Madison Long Shoals, an 86-unit luxury multifamily property in Arden, North Carolina.
  • The property stabilized in 10 months post-completion in 2024, with a 48% loan-to-value ratio.
  • Minimum investment is $100,000 for 1031 exchange investors and $25,000 for cash investors.
  • Madison Long Shoals is Madison Capital Group's third multifamily community in the Asheville area.

The big picture

Madison Capital Group's launch of the MCG Arden NC Multifamily DST underscores the firm's strategy of targeting high-growth markets with strong lifestyle demand. With $4B in AUM, the firm is leveraging its vertically integrated platform to provide accredited investors access to stabilized boutique multifamily assets. The Asheville market's sustained population growth and housing demand make it a compelling backdrop for multifamily investment, particularly for luxury properties catering to affluent demographics.

What we're watching

Market Demand
Whether Asheville's in-migration trends and constrained housing supply will sustain rental demand for luxury properties.
Execution Risk
The pace at which Madison Capital Group can stabilize and optimize its third Asheville-area property.
Investor Appeal
How the $14M equity raise performs relative to similar DST offerings in high-growth Southeastern markets.